The North Africa Journal: For the week ending June 8, 14, the combined disruptive events recorded by sister company MEA-Risk’s Critical Incidents Tracker showed an intensity that remained within the “High-Risk Zone” level, just as in the previous week.
The North Africa Journal | Morocco has managed to raise so far about $1 billion to fund its mega solar project. Half of that money is a donation from Saudi Arabia, largely to enable Saudi companies to win contracts in Morocco.
The North Africa Journal | The real estate market in Tunisia is displaying mixed signals. Pockets of growth in the housing market continue to drive prices up, but these houses were designed for foreign investors and wealthy Tunisians. In contrast, the average Tunisian is priced out of these desirable real estate sites as their incomes do not meet the continuously rising prices in regions that have been insulated from the political crisis facing the country for the past two years.
[The North Africa Journal] The Tunisian leasing sector currently boasts 10 active companies competing for the market. Most of them are bank subsidiaries which have been set up in the 1990’s in a move to take advantage of a nascent activity which is, after all, a familiar activity for a banker and can be easily integrated in the banks’ main business.
In a stimulating and action-oriented atmosphere, over 200 prominent Moroccan and international leaders from a breadth of disciplines and legal traditions convened on November 19-12, 2013, at the inaugural Morocco Summit at Sofitel Jardin des Roses, Rabat, Morocco to promote Morocco as an investment hub and gateway to doing Business in North Africa. As the President and Chief Counsel of ARPA International (www.arpainternational.org ), ARPA had the privilege to co-lead the process of convening such a diverse international gathering of leaders.
The American military have seized an oil tanker carrying crude illicitly obtained from a rebel-held port in Libya.
The North Africa Journal | A 22-year old Mozabite man of Berber decent was assassinated by a gang in early February 2014, making him the fourth victim since the start of the year.